Structured Financing

Excellence and Adaptive Efficiency in Specialized Financial Solutions

When the COVID-19 pandemic threatened Canadian businesses and the economy as a whole in March 2020, the Government of Canada called on CDEV to help conceive and implement an emergency loan program for Canada’s largest businesses. CDEV rapidly developed the Large Employer Emergency Financing Facility (LEEFF) program and formed a dedicated subsidiary, the Canada Enterprise Emergency Funding Corporation (CEEFC), to execute it. LEEFF was designed to provide bridge financing to large Canadian companies to help preserve employment, operations and investment activities until they could access more traditional market financing.

Through CEEFC, CDEV has extensive experience negotiating secured and unsecured lending facilities ranging from $100 million to over $1 billion, helping to support important Canadian companies with complex financing needs.

Since its inception, CEEFC has provided over $7 billion in liquidity to large Canadian employers. LEEFF loans frequently comprise an equity component and CEEFC has acquired over $600 million in equity instruments in conjunction with its loans. CEEFC remains active in managing its portfolio of over $3 billion in loans and equity.